• About
  • Advertise
  • Privacy Policy
  • Contact
Saturday, July 12, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Ghana’s Agriculture Mechanization Gets $29 million Boost- Akufo-Addo

March 8, 2023
Stephen M.Cby Stephen M.C
in Agribusiness
0
Ghana’s Agriculture Mechanization Gets $29 million Boost- Akufo-Addo

President Nana Addo Dankwa Akufo-Addo has disclosed that the Government has procured US$29.9 million worth of machinery and equipment to boost agriculture mechanization in Ghana.

The President noted that the machinery and equipment, which were imported from Brazil, will be utilised to improve the development of agricultural land, planting, harvesting, and primary processing to boost productivity, add more jobs, and make agriculture lucrative, particularly for young people.

President Akufo-Addo announced the procurement of the agricultural tools when he delivered a message on the State of the Nation to Parliament in Accra Wednesday, in fulfilment of article 67 of the Constitution.

RelatedPosts

New GIPC Board Charts Investor-Centric Path to Boost Ghana’s Economic Growth

Ghana Moves to Ban Raw Shea Nut Exports by 2026 to Boost Local Value Addition

Unchecked Raw Cashew Exports Threaten Jobs and Undermine 24-Hour Economy Policy – ACPG Raises Alarm

Nana Addo Dankwa Akufo-Addo noted that the Government would this year, start preparatory works for the establishment of a Tractor and Backhoe Loader Assembly factory in the Ashanti Region and continuous capacity building of operators to ensure optimal management and lengthen the lifespan of agricultural machinery.

President Akufo-Addo, moreover, disclosed that the Government has constructed 65 warehouses, with 15 others at advanced stages of completion, to help address the vexed issue of post-harvest losses. “This intervention is adding some eighty thousand metric tonnes (80,000mt) to national grain storage capacity,” he remarked.

President Akufo Addo to Lead Maiden Ghana CEO Vision Project
Nana Addo Dankwa Akufo-Addo, President of Ghana

The President stated the Government has invested in both large and small-scale irrigation infrastructure across the country and adopted appropriate technologies and other innovative practices for sustainable agriculture and resilience against food insecurity. The move, the President noted, is to support efforts to mitigate against the impact of climate change and variability on agriculture.

“In 2022, government completed the rehabilitation and modernisation of large-scale irrigation schemes at Tono, Kpong and Kpong Left Bank projects. The three schemes are expected to provide 6,766 hectares of irrigable land for all-year-round crop production. Phases I and II of the Tamne Irrigation Project have also been completed, with Phase III of the project at 57 percent completion.”

President Nana Addo Dankwa Akufo-Addo

 Five-Member Ad Hoc Cabinet Committee

The Government established a five-member ad hoc Cabinet Committee in 2022 to work on a programme to promote domestic production and export development as a way to lower Ghana’s import bill, which was US$13.7 billion in 2021.

The policy would be implemented to reduce the country’s import bill in the short, medium, and long-term, enhance domestic productive capacity in selected products, generate widespread employment opportunities, and diversify and expand export capacity under the African Continental Free Trade Area (AfCFTA).

Meanwhile, a list of 20 priority products in the categories of primary agricultural products, processed foods, and manufactured goods, where we can confidently enhance domestic production, the President said.

The products include rice, fish, poultry, fruit juice, sugar, tomatoes, vegetable oils, oil palm, fertilizers, pharmaceuticals, soaps and detergents, insulated wire, ceramic products, corrugated paper and paper board, cement/clinker, and motor vehicles.

“The report on the implementation modalities to enhance domestic productive capacity in these products has been prepared and once confirmed, the new Minister for Trade & Industry will roll out urgently a series of initiatives to implement the policy.”

President Nana Addo Dankwa Akufo-Addo

READ ALSO: GCB Successfully Completes First PAPSS Client Transaction In Ghana

Tags: AfCFTAAgriculture MechanizationfertilizersPresident Nana Addo Dankwa Akufo-Addo
Please login to join discussion
Previous Post

Government’s Dream Of Making Ghana A Mining Hub Becomes ‘A Reality’

Next Post

As Your Former Commander-In-Chief, I Encourage You To Exercise Restraint- Mahama To GAF

Sign up for The Vaultz analytic wire

Get weekly news analysis from top editors at The Vaultz and stay informed on trending economic and business issues from across the globe.

Related Posts

AratheJay Opens Up About His Music Journey
Entertainment

AratheJay Opens Up About His Music Journey

July 12, 2025
IMF Team to Arrive in Ghana for Talks on Economy and 2025 Budget
Economy

IMF Flags Ghana as High Risk for Debt Distress Despite Debt Being “Sustainable”

July 12, 2025
Sudan Urges ICC Probe Into Foreign Interference
Africa

Sudan Urges ICC Probe Into Foreign Interference

July 12, 2025
NPP blamed for defeat in Ablekuma North rerun
General News

Basintale Criticizes NPP’s Poor Strategy In Ablekuma North 

July 12, 2025
COP Christian Tetteh Yohunu., IGP
General News

Police Assure Justice Over Violence in Ablekuma North Rerun Election

July 12, 2025
Erdogan Supports Iran’s Right To Self-Defence
Asia

Erdogan Hails PKK’s Disarmament

July 12, 2025
AratheJay Opens Up About His Music Journey
Entertainment

AratheJay Opens Up About His Music Journey

by Esther Korantemaa OffeiJuly 12, 2025
IMF Team to Arrive in Ghana for Talks on Economy and 2025 Budget
Economy

IMF Flags Ghana as High Risk for Debt Distress Despite Debt Being “Sustainable”

by Stephen M.CJuly 12, 2025
Sudan Urges ICC Probe Into Foreign Interference
Africa

Sudan Urges ICC Probe Into Foreign Interference

by Lawrence AnkutseJuly 12, 2025
NPP blamed for defeat in Ablekuma North rerun
General News

Basintale Criticizes NPP’s Poor Strategy In Ablekuma North 

by Lilian AhedorJuly 12, 2025
COP Christian Tetteh Yohunu., IGP
General News

Police Assure Justice Over Violence in Ablekuma North Rerun Election

by Evans Junior OwuJuly 12, 2025
Erdogan Supports Iran’s Right To Self-Defence
Asia

Erdogan Hails PKK’s Disarmament

by Comfort AmpomaaJuly 12, 2025
AratheJay Opens Up About His Music Journey
IMF Team to Arrive in Ghana for Talks on Economy and 2025 Budget
Sudan Urges ICC Probe Into Foreign Interference
NPP blamed for defeat in Ablekuma North rerun
COP Christian Tetteh Yohunu., IGP
Erdogan Supports Iran’s Right To Self-Defence
[/vc_row_inner]

Recent News

  • AratheJay Opens Up About His Music Journey
  • IMF Flags Ghana as High Risk for Debt Distress Despite Debt Being “Sustainable”
  • Sudan Urges ICC Probe Into Foreign Interference
  • Basintale Criticizes NPP’s Poor Strategy In Ablekuma North 
  • Police Assure Justice Over Violence in Ablekuma North Rerun Election
The Vaultz News

Copyright © 2021 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2021 The Vaultz News. All rights reserved.